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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Jon Scott who wrote (15567)5/20/1999 12:07:00 PM
From: Investor Clouseau  Read Replies (1) | Respond to of 25711
 
good potential IMHO! ;-)))...IC..eom



To: Jon Scott who wrote (15567)5/20/1999 12:09:00 PM
From: Joe Copia  Read Replies (3) | Respond to of 25711
 
Jon,

R U saying the company told you a buy-out @ $9?

Sounds like BS to me. Who is buying them?

Too good to be true is what it sounds like to me.

Joe PTG&LI !!!



To: Jon Scott who wrote (15567)5/20/1999 12:23:00 PM
From: Jon Scott  Respond to of 25711
 
Related Quotes

WCLT
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delayed 20 mins - disclaimer


Thursday May 20, 9:01 am Eastern Time
Company Press Release
Zero.net Enters Into Agreement With WCollect.com Corp.
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--May 20, 1999-- WCollect.com Corp. (OTC BB:WCLT) has entered into a non-binding Letter of Intent with www.Zero.net, a private company, whereby Zero.net would acquire all of the assets and recorded liabilities of WCollect.com Corp., and all of its subsidiaries, affiliates and in exchange for the issuance of Zero.net common shares.

This Agreement is subject to satisfactory due diligence by the management of Zero.net, and WCollect.com Corp. In addition, shareholder, regulatory and WCollect.com Board approval will be required.

Zero.net is a Delaware incorporated company, whose initial funding was comprised of a mature portfolio of Internet companies from Dominion Income Management Corp. and Maritime Capital Partners.

Through their ''cortal'' (corporate portal) they plan to participate in the operation of rapidly growing Internet businesses, focusing on the business to business segment of E-Commerce.

Zero.net will provide the companies in their portfolio with capital, as well as managerial and financial advice from their Directors and executives. Their experienced team of Directors and executives will be particularly valuable in regard to such matters as mergers, acquisitions, and public and private share offerings.

Zero.net intends to become a publicly traded entity, during the 2nd half of 1999. It is also possible that the individual companies in their portfolio may become publicly traded entities.

--------------------------------------------------------------------------------
Contact:

WCollect.com Corp.
Arne Carlson, 877/608-1611
investors@WCollect.com
www.WCollect.com